US values investments by Indian companies

Days after India`s finance minister Arun Jaitley raised the issue of restrictions on H-1B visa with his American counterpart Steven Mnuchin, the US has said that it greatly values investments by Indian companies and wants strong economic ties between the two nations. US state department acting spokesman Mark Toner told reporters they greatly value Indian companies` continued investment in the US economy, which also, of course, supports thousands of US jobs. On being asked about the visa review process, Toner said, it`s important to remember that this is always a part of how their consular bureau and officers work overseas, and their embassies and missions work overseas, and that is why they are always reviewing the processes to ensure the security of the American people. During his US visit, Jaitley raised the H-1B issue with Mnuchin as India fears the curb would impact the movement of Indian IT professionals to America and highlighted the contribution Indian companies and professionals are making to the US economy.